ICICI Bank offers remittances to India to both, account holders and non-account holders of ICICI Bank, subject to fulfilment of the application criteria. Account holders are defined as those individuals who have an account with ICICI Bank. Non-account holders are individuals who do not have an account with ICICI Bank. Non-account holders may walk into ICICI Bank and provide supporting documents to initiate a remittance from ICICI Bank.

f you are a customer of ICICI Bank Singapore, then you would have to carry the following documents along with your remittance details and customer id of current relationship with Singapore branch: a) Identity proof: A valid document issued by a government agency. Please note that if you are remitting funds greater than SGD 20,000, we will require proof of your funds which is not more than 4 days old on the day of remittance.

If you are currently not banking with ICICI Bank Singapore, you would be required to carry following documents in addition to your remittance details:
a) Identity proof: A valid document issued by a government agency.
b) Address proof: Original of a utility bill or a bank statement received in the past three months. (Applicable for all remittance transactions regardless of amount)

Please note that if you are remitting greater than SGD 10,000, we will require proof of your funds which is not more than 4 days old on the day of remittance.

• NRIC/EP/WP/SP/PEP for residents of Singapore.
• NRIC and Passport for non-residents of Singapore
• Address proof: Original of a utility bill or a bank statement received in the past three months.
  Additional documents as may be required.

a) After satisfactory completion of the application process, the remitter can initiate a remittance request.
b) The payment methods are as follows:

• For account holders - Debit authority to your account with ICICI Bank or deposit a cheque from other local banks favouring ICICI Bank.
• For non-account holders - NETS, Fast, Deposit a cheque from other local banks favouring ICICI Bank.

• Minimum amount is 100 currency units (excluding INR)
• Account holders of ICICI Bank can initiate a transaction without being subject to a limit.
• Non-account holders can originate a transaction with a limit of upto SGD 200,000

The various available modes that ICICI Bank shall accept for making a remittance are:

• NETS: Both account holders/ non-account holders of ICICI Bank can use the NETS terminal at the branch for making payment toward remittance. The limit on such transactions shall be the limit imposed by the NETS debit card issuing bank (namely DBS, OCBC, UOB, Standard Chartered Bank, HSBC, Citibank, Maybank).

• Cheque: Both account holders/ non-account holders of ICICI Bank can deposit a cheque (either of ICICI Bank or any other bank in Singapore) at ICICI Bank.

* Transaction for amounts above SGD 10,000 will be subject to relevant documentary submission like address proof and proof of funds etc. The amount accepted will be capped as per discretion of the bank.

• Account debit: Only account holders of ICICI Bank are eligible to use this mode of transfer. a. Account holders can provide their account number along with a debit mandate for initiating funds transfer by visiting ICICI Bank.

Funds will be accepted in SGD dollar.

• ICICI Bank will inform you through phone or mail (details as provided on the remittance form while applying for the Service) as applicable about the rejection of the said transaction. In case there is a request for additional information/documentation, ICICI Bank will inform you of the same. Depending on the mode of acceptance of funds, the funds will be reversed if remittance is rejected. For account holders, reversal of funds can either be by credit to their account (if remittance is initiated by giving a debit authority), for cheque return will be by a cheque in their name (if remittance is initiated by depositing a cheque)
• For non-account holders: In case of return, an SR will be raised, and funds will be returned to the remitter bank within 2-3 working days.